Once again, RNR Tire Express (RNR) was named the top “Wheels and Tires” franchise on the “Entrepreneur Franchise 500” list. Overall, the Tampa, Fla.-based company ranked 202.
Big O Tires LLC, a franchise operation under the direction of TBC Corp., ranked 250th on the 39th annual list.
“RNR has made tremendous strides as a company by working closely with our franchise partners to influence important brand decisions, leading to our significant growth over the past 15 years,” said founder Larry Sutton.
In 2017, the company finished first in the Wheels and Tires category and ranked 126 on the Entrepreneur Franchise 500 list.
Three of the key factors in determining the rankings are the franchise fee, total investment and royalty fees. Unit growth also is a consideration. In 2017, RNR opened its 100th store.
Based in Sarasota, Fla., the milestone outlet was the company’s 15th company-owned store. The other 85, under the direction of SPF Mgt. Co. LCC, are franchise operations.
RNR also ranked 29th on Franchise Gator’s annual list of the “Top 100 Fastest Growing Franchise Concepts.”
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About RNR Tire Express
RNR Tire Express & Custom Wheels is a national franchise retailer of quality tires and custom wheels offered with convenient, no credit hassle payment plans designed to fit each client’s unique budgets. Established in 2000 by rent-to-own veteran, Larry Sutton, RNR has grown to over 100 locations in 21 states. For the third year in a row, the brand was listed as the No. 1 in category for wheels and tires in Entrepreneur Magazine’s 2018 Franchise 500 list and also took home the No. 202 spot on the annual ranking. For the third time, RNR ranked on the Inc. 5000 list, a prestigious ranking of America’s fastest-growing private companies. The brand owns two spots on Tire Business’ 2017 Annual Report coming in at No. 15 for total revenue and No. 18 for total locations. RNR Tire Express & Custom Wheels is seeking qualified multi-unit franchisees to expand even further nationally with prime markets available throughout the country. For more information about RNR, or to inquire about franchise opportunities, visit RNRfranchise.com